Khazanchi Jewellers (KHAZANCHI)₹712.30−0.57%Gems, Jewellery And Watches
In the Jun 2026 quarter (standalone), Khazanchi Jewellers reported sales of ₹586 Cr, up 44.9% from Jun 2025, and net profit of ₹28.07 Cr, up 86.6% year on year. For the year to Mar 2026, sales were ₹2,052 Cr and net profit ₹89.23 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Jun 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 187 | 208 | 381 | 375 | 395 | 622 | 405 | 550 | 590 | 509 | 586 |
| Expenses | 181 | 197 | 368 | 360 | 377 | 603 | 383 | 516 | 554 | 471 | 546 |
| Operating Profit | 6.01 | 10.01 | 12.99 | 15.02 | 16.01 | 19.01 | 20.99 | 31.99 | 35.01 | 36.99 | 39.04 |
| OPM % | 3.4% | 5.0% | 3.5% | 4.0% | 4.1% | 3.1% | 5.0% | 6.0% | 6.0% | 7.0% | 7.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 2.99 | 1.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Profit before tax | 5.01 | 9.01 | 12.01 | 15.01 | 15.01 | 18.01 | 20.01 | 32.05 | 34.05 | 35.05 | 37.01 |
| Tax % | 46.0% | 37.0% | 26.0% | 26.0% | 19.0% | 32.0% | 25.0% | 25.0% | 26.0% | 27.0% | 25.0% |
| Net Profit | 3.01 | 6.02 | 9.03 | 11.04 | 12.03 | 13.03 | 15.04 | 24.08 | 25.10 | 26.07 | 28.07 |
| EPS (Rs) | 1.56 | 2.35 | 3.73 | 4.37 | 5.01 | 5.08 | 6.13 | 9.54 | 10.16 | 10.35 | 11.26 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 382 | 257 | 481 | 821 | 1,772 | 2,052 | 2,234 |
| Expenses | 353 | 374 | 249 | 465 | 780 | 1,710 | 1,925 | 2,087 |
| Operating Profit | 7.99 | 8.01 | 8.01 | 16.01 | 41.01 | 64.04 | 125 | 143 |
| OPM % | 2.2% | 2.0% | 2.9% | 3.2% | 5.0% | 3.6% | 6.0% | 6.4% |
| Other Income | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 1.98 |
| Interest | 5.98 | 4.98 | 3.98 | 5.97 | 4.98 | 3.99 | 5.98 | 6.96 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 |
| Profit before tax | 3.01 | 4.01 | 4.01 | 10.01 | 37.01 | 61.01 | 121 | 138 |
| Tax % | 24.0% | 24.0% | 23.0% | 26.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 2.01 | 3.01 | 3.01 | 8.03 | 27.11 | 45.11 | 89.23 | 103 |
| EPS (Rs) | — | — | — | — | 11.06 | 18.20 | 36.17 | 41.31 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9.99 | 9.98 | 9.98 | 9.98 | 25.01 | 24.96 | 24.99 |
| Reserves | 12.95 | 15.93 | 18.93 | 25.92 | 163 | 206 | 294 |
| Borrowings | 77.84 | 74.80 | 83.88 | 84.86 | 54.91 | 64.88 | 110 |
| Other Liabilities | 2.99 | 12.94 | 11.94 | 23.89 | 11.95 | 9.96 | 35.83 |
| Total Liabilities | 104 | 113 | 124 | 145 | 253 | 305 | 465 |
| Fixed Assets | 12.98 | 8.98 | 12.99 | 12.98 | 12.97 | 12.98 | 24.96 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 5.99 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 2.99 | 0.00 | 0.00 |
| Other Assets | 90.79 | 104 | 112 | 132 | 235 | 286 | 439 |
| Inventories | 86.73 | 101 | 106 | 128 | 200 | 256 | 407 |
| Trade receivables | 0.99 | 0.99 | 2.99 | 1.99 | 22.95 | 20.94 | 21.94 |
| Cash & equivalents | 0.00 | 1.99 | 1.99 | 0.00 | 0.99 | 2.99 | 3.99 |
| Total Assets | 104 | 113 | 124 | 145 | 253 | 305 | 465 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | 6.01 | 4.99 | −1.01 | 6.01 | −83.06 | 1.01 | −36.02 |
| Cash from investing activity | — | −4.01 | 3.99 | −4.01 | −1.01 | −6.01 | −5.01 | −2.01 |
| Cash from financing activity | — | −3.99 | −7.99 | 4.99 | −5.99 | 89.91 | 4.99 | 37.93 |
| Net cash flow | — | −1.99 | 0.99 | 0.00 | −0.99 | 0.99 | 1.99 | 0.99 |
| Capex | 0.52 | 4.31 | 0.13 | 11.06 | 0.78 | 2.82 | 4.30 | 6.48 |
| Free cash flow | — | 1.99 | 8.99 | −4.99 | 5.99 | −85.83 | −2.99 | −41.93 |
| CFO / OP % | — | 87.0% | 70.9% | −2.0% | 53.9% | −180.1% | 19.9% | −8.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 1 | 1 | 5 | 2 | 10 | 4 | 4 |
| Inventory days | 90 | 101 | 158 | 101 | 95 | 55 | 78 |
| Days payable | 4 | 13 | 17 | 19 | 2 | 2 | 6 |
| Cash conversion cycle | 88 | 89 | 146 | 85 | 104 | 58 | 76 |
| Working capital days | 89 | 59 | 97 | 57 | 84 | 44 | 53 |
| ROCE % | — | 7.9% | 8.0% | 14.0% | 23.0% | 23.9% | 34.9% |
For the Jun 2026 quarter, Khazanchi Jewellers reported sales of ₹586 Cr, up 44.9% year on year and net profit of ₹28.07 Cr, up 86.6% year on year. The operating margin was 7.0%.
Khazanchi Jewellers' sales for the year to Mar 2026 were ₹2,052 Cr; over the last twelve months they were ₹2,234 Cr.
Net profit for the year to Mar 2026 was ₹89.23 Cr, and ₹103 Cr over the last twelve months. Earnings per share over the same trailing period were ₹41.31.
Khazanchi Jewellers reported borrowings of ₹110 Cr at Mar 2026, against cash and equivalents of ₹3.99 Cr.
Cash from operations was −₹36.02 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹41.93 Cr.